XAUUSD Technical Overview: Week Pivot: 1191.82 Week Key Resistance: 1200.74 - 1206.16 -1215.16 Week Key Support: 1182.90 - 1177.4 - 1168.48 Technical Indicator: Moving Average: SMA 200 (1196.65) & SMA 55 (1198.28) strong resistance for gold. RSI: The indicator shows downward momentum & having strong resistance at 53.41 level (See in chart) Technical...
XAUUSD Technical Overview: Pivot: $1197.10 Day Trading Range: $1194 - $1214 Key Resistance: $1204.45 - $1207.29 - $1212.66 - $1218.89 Key Support: $1197.10 - $1194.22 - $1191.45 - $1189.56 Technical Indicator: RSI: RSI lacks downside momentum, trading above 50 level. Moving Average: SMA200($1198.94) & SMA100($1200.48) strong support for xauusd today. ...
XAUUSD Technical Overview: Pivot: $1200.20 Day Trading Range: $1196 - $1214 Key Resistance: $1208.45 - $1212.89 - $1215.55 Key Support: $1204 - $1200.20 - $1196.28 Technical Indicator: MACD: MacD is loosing bullish bias. Moving Avg: SMA100 ($1201.03) & SMA200 ($1199.63) strong support for the day. Technical Most Likely Scenario: long positions above...